Space Summary
The Twitter Space SOLANA MEMECOIN ALPHAS hosted by MetaEraHK. Dive into the Solana Memecoin Alphas Twitter space where discussions revolve around crypto, Web 3.0, and MetaEra's ambition in Hong Kong's blockchain news scene. Explore insights on Solana Memecoins, Web 3.0's impact, and the evolving crypto community dynamics. Learn about the significance of meme coins, Solana's ecosystem, and the importance of community engagement in the crypto realm. Stay informed on blockchain technologies and trends while engaging in interactive conversations within the space.
For more spaces, visit the NFT page.
Questions
Q: What sets MetaEra apart in the blockchain news space?
A: Their goal to be a top blockchain news platform in Hong Kong distinguishes them.
Q: Why is the focus on Solana Memecoins significant in this space?
A: Solana Memecoins are a notable trend in the current crypto market.
Q: How does Web 3.0 influence discussions in the crypto industry?
A: Web 3.0 is reshaping how blockchain and cryptocurrencies are perceived and utilized.
Q: What makes Hong Kong a noteworthy hub for crypto activities?
A: Hong Kong's unique position as a financial hub amplifies its role in the crypto world.
Q: Why is it essential to follow the evolution of crypto communities?
A: Understanding changing community dynamics is crucial for adapting in the crypto space.
Q: What are the key features of meme coins driving their popularity?
A: Meme coins offer a fun and engaging entry point into the crypto market.
Q: Why is staying informed on blockchain and crypto technologies crucial?
A: Keeping abreast of tech advancements is vital for making informed decisions in the industry.
Q: How does the Solana ecosystem differ from other blockchain networks?
A: Solana stands out for its high-speed transactions and scalable infrastructure.
Q: How does community engagement contribute to the success of crypto spaces?
A: Active community involvement fosters a sense of belonging and drive in crypto.
Q: What role does interaction play in shaping conversations around crypto trends?
A: Engagement fuels dialogue and learning within the crypto community.
Highlights
Time: 00:15:47
MetaEra's Vision for Blockchain News in Hong Kong Exploring MetaEra's mission to lead in blockchain news within the Hong Kong crypto sphere.
Time: 00:25:59
Deep Dive into Solana Memecoins Analyzing the rising popularity and unique features of Solana Memecoins.
Time: 00:35:21
Web 3.0 Revolutionizing Crypto Conversations Understanding the transformative impact of Web 3.0 on crypto discussions.
Time: 00:45:13
Hong Kong's Crypto Influence Examining Hong Kong's pivotal role in shaping the global crypto landscape.
Time: 00:55:45
Emerging Trends in Crypto Content Spotlighting the latest shifts towards more engaging blockchain news content.
Time: 01:05:29
Evolution of Crypto Communities Delving into the changing dynamics and influences of crypto communities.
Time: 01:15:17
Meme Coins: Fun and Potential Exploring the reasons behind the popularity of meme coins in the crypto scene.
Time: 01:25:40
Navigating the Solana Ecosystem Detailing the features and significance of the Solana network in crypto.
Time: 01:35:52
Community Engagement in Crypto Discussing the value of community participation in crypto spaces.
Time: 01:45:10
Interactive Conversations on Crypto Trends Highlighting the role of interaction in shaping conversations around crypto trends.
Key Takeaways
- MetaEra is striving to establish itself as a premier blockchain news platform in Hong Kong.
- The space dives deep into the world of crypto, especially focusing on Solana Memecoins.
- Insights on Web 3.0 and its impact on the crypto industry are discussed.
- Hong Kong's role in the crypto landscape is highlighted.
- Emerging trends reveal a shift towards more engaging and informative content in blockchain news.
- Exploration of the evolving nature of crypto communities and their impact on the industry.
- The importance of staying updated on the latest advancements in blockchain and crypto technologies.
- In-depth discussions on the potential of meme coins within the crypto space.
- Insights on the Solana ecosystem and its significance in the crypto realm.
- The space fosters community interaction and engagement around trending crypto topics.
Behind the Mic
Are We Born Friends?
Are we born friends? There's so much that I wanna say? But I gotta hold back? So scared how you rest? I just hide it all away? I could give you it all in a minute? Cause any minute you can me down? Me down? I got the word? I love you? Sitting on the tip of my son? You're gonna run away? You know we can act more than just the safe? But are you gonna let me in? I can set you with a fire? But you're hoping the light instead you put it out of pain? I could give you enough in a minute? I don't wanna mention commitment? But I do stepping? So please don't let me down? I got the words I love you? Sitting on the tip of my tongue? Oh, I feel like I just wanna get up and run? You're gonna run away? Run away? Run away? I got the words I love you? Sticking on the tip of my time? You're just gonna get up and running?
Introduction to the AMA
All right. Thank you everyone. Hope you liked the little song. And let's get started. And the speakers, please request. Mike and I will give you the mic. Okay. Welcome everyone to our AMA about solon and Minecrain alphas. We are beyond excited to have all of you here today. Today we'll dive into the solonamine coin ecosystem and talk about various top meme products on Celona to explore the meme power in the crypto world, I'm Chen Kai, your host for today's Ma. I'm here to guide you through this thrilling adventure. If you have been anywhere near the Solana ecosystem lately, you know, it's been so hot during the first half of the year of Buran, Solana has been afire all along this ride with the market. The meme coins leading the charge and turning hash across the crypto space. One of the big reasons I believe that people love Sloan meme coins is the unique culture and community here.
The Culture of Meme Coins
Vibrant, diverse and fall of life. Its truly a garden where all sorts of crazy and creative ideas born. Today, we are joined with some of the brightest stars in the Min kwan universe. We got moonkeepers represented by the founder, Moon King developer who's known for a creative twist to the main culture. Hello, mookin biz. Would you like to say hi to our audience? Hi everyone. Hello. Let's introduce next one aura James Sherman as a CTO lead developer making waves with their innovative approach. Is Ora here? Alright, let's move to the next first, the bombo led by its PR director Jalupa, adding this unique flavor to this space shall we say hi to everyone? Hi. Hello. Happy Friday to everybody joining the Ama. Happy to be here. Thank you for the invite.
Speaker Introductions
Thank you. And we also got Sik represented by its enthusiastic community lead Sikho. Hello. Sorry, I think we didn't hear you. Okay. Okay. Please check your mic later and maybe rejoin the space and we can hear your voice. And let's move to Matt, the community lead from mad fostering an active and engaging community. Would you say hi to everyone? What's up? What's up, math people? Happy to be here. Great. Thank you. And we have black win is co founded by Zo and driving forward new ideas. Hi champ jam guys. Hi everyone. Glad to be here. Great. And last but not least, we have Kelab, the well known kol that bringing valuable insights to our discussion.
Giveaways and Announcements
Do we have a collab here? Okay, let me check. All right, so before we dive in, maybe our speakers will join later and we will give them the chance to introduce themselves. But I've got a couple of things to share with you. You know what I'm going to do if you are our old friends and here's a disclaimer and to share. They might be a little bit long, but it's important to know the information might be provided in this AMA is for general informational purposes only. All information is provided in good faith. However, we make no representation or warranty of any kind, expressed or implied, regarding the accuracy, adequacy, validity, reliability, availability or completeness of such information.
Risk Awareness in Crypto
The statements or opinions expressed in this event do not necessarily reflect the views of BiMart or its affiliates and should not be considered professional at financial advice. All crypto investments are highly speculative in nature and involve substantial risk of loss. Past hypothetical or stimulated performance is not necessarily indicative of future results. The future of digital currencies can go up or down and there can be substantial risks in buying, selling, holding or trading digital currencies. You should carefully consider whether trading holding digital currencies is suitable for you based on your personal objectives, financial circumstances and risk tolerance. And that's all. Before we kick off, let me share some fantastic news.
Details on Giveaways
We have two special giveaways for this MA and we are giving away 2000 USDC in Solana. The first giveaway is the live crypto gift. Simply join our AMA live. Stay tuned and you will get a passcode during the conversation. The second giveaway is also 1000 USD Saint Saula. You have to participate and earn complete the tasks below for another opportunity to win this giveaway, first you have to follow those accounts. The Bitmark Mattara Mookinbeast and sick. Second, you also have to repost the post about mint and exclusive NFT and then turn our AMA. Lastly, fill out the giveaway link form we shared in our post.
How to Claim Your Rewards
So please find details on the post of this AMA on Metar and Bitmark Twitter. Okay, let me share the giveaway link to this AMA space and you guys can better access all right and find the details on the post of this AMA on both Metamera Bitmark tutorial register. Just a couple of questions and tasks, then you have a chance to have your giveaway. And also a special thanks to Mookingbeast for offering such a giveaway for this ma. Thank you so so much. And for how to claim the live AMA giveaway, please have your phone ready and update your Bitmark app to the latest version.
Navigating the Bitmark App
Now let me show you how to easily find the crypto reward interface in the Bitmark app. Open the bemark application and on the homepage there is icon labeled more. The icon looks like circle with three dots inside. Then after you click the more, go to last tab rewards and find the crypto gift feature to enter the crypto gift is located at the very bottom right of page represented by envelope icon. Click claim. Enter the code to receive the crypto gift, please pay special attention. This gift code is case sensitive so you don't mix upper and lower case letters. So you are all set to get your gift code and giveaways.
Engaging with the Community
All right, that's all. And how about we move our questions? Let me check if our speakers are here and I'll add them as the speak her 1 second okay, I'll start. First question min coins have brought a unique culture and volatility to Solona ecosystem, driven largely by passionate communities. To kick things off, could each of you briefly introduce your project and explain how it contributes to this vibrant main clan culture on Solomon. Who would like to go first? I can go if you guys are okay with this. Yeah, go ahead. Yeah. Cool. So Madden, Matt is a djen. He's a, you know, like he's not a cat, he's not a dog, he's a djen beast.
The Spirit of the Community
And Matt loves to, you know, he's really addicted to meme coins and whenever he makes juicy gains, mad, you know, throw some sick parties. And also mad loves to make friends. And Mad is launching a movement with its community. Like Matt's community is called the Mad DJ's and they're launching the biggest DGen movement called memes after dark. And the goal is not to flip other meme coins or try to take over the meme coin space. It's really not the spirit. The spirit is really to create one big ecosystem where everyone can get around and we can just share our network, share our resources, and just help each other to bring the masses into crypto and, yeah, like, just the same spirit, like, hustle hard on meme coins, get into the trenches together, and throw sick parties, and, you know, becoming friends along the way.
Innovative Protection Mechanisms
So, yeah, that's mad. Perfect. Scratch. No, mad. And also, like, other parts I want to share. Hey, is my mic working? Yes, it's loud and clear now. Thank you. Okay, awesome. Awesome. Hey, guys. It's sicko from sick. Well, you know, sick. It's not just your average meme coin. I'm saying it's a revolution. We're trying to tap into the frustration that a lot of us feel about rug pulls and these shady tokenomics. We partnered with Monkey Biz because we want to empower our holders with a platform that really prioritizes security and transparency.
Creating Safe Spaces
Essentially, we just want to create a safe space for meme coin culture to thrive and not just be cheated. We're combining haha, funny humor with innovative protection mechanisms. We're not just simply adding to the meme coin whirlpool. We're redefining it. You know, that's kind of the whole antithesis of sig. Great. We also have bumble here. Would you like to share our blackwing? I was gonna say, you guys had a sick launch yesterday, didn't you? Yeah, our NFT launch did really well. I'm glad.
Engagement with the Community
Oh, sorry. Heard is going viral. Yeah, everyone wants to check out that rug score. I mean, you know, it's good to see what kind of tier dj and you are. You know, are you a chad or you're a little minion? I just sit there and tap on that button, like, 100 times. His actions weren't going through. You guys just broke Solana, man. Hey, it happens when you've got a good nft launch, you know? Well, I can get sick.
Moving Forward
All right, I'm down with the dad jokes, guys. You can continue. Sorry. Bombo, you want to go next? Yeah, sure. Thank you. All awesome projects here on the panel today. I'm very happy that we can be a part of it. We took a little bit of a different approach while you guys and other projects, you know, mad sick and blackwing, you are all amazing meme projects. We wanted to bring, you know, some sort of tangible reality into the meme coin world. So that's why we funded bombo, and behind Bombo here is a team of actual, you know, live people with names, addresses and everything.
Community Building and Transparency
So we kind of took the similar approach to sick, meaning we are here to essentially create a safe space for investors who are sick of rug pools, who don't want to invest in shady projects anymore, that really don't have any tangible continuity, that don't have any sort of base. So we created bombo, put our faces, our names, and our reputations on the project, and I have to say, so far, it's worked out amazing. We have built up a truly loyal, you know, fanatical community around our projects, and we are continuously improving and building on the solid foundation that we've had since the start.
Solid Foundations and Community Spirit
We have had an amazing pre launch event on Pingsale, which just sold out, you know, 600 sol in just over an hour. And ever since that, ever since our launch over two months ago, we have been solidly building up. So we're so super happy to be here again. Thank you for the invite, and I'm excited to hear more from everybody on the panel. Thank you. Would blackwing like to share something? Hi, folks. Hopefully you can hear me. We're Blacklink.
Innovative Leverage Solutions
We provide liquidation free leverage on all assets, including meme coins that just recently launched Lexic. I think what's cool about us is within this, like, meme coin era, leverage is one of the most favorite features for traders. And unfortunately, meme coins don't have it. Right. You have to wait until the meme coin becomes a blue chip coin before it gets listed in exchanges. And then these exchanges provide leverage. And Blacklink's innovation is actually providing leverage for these coins, which is super cool.
Enhancing Trader Experience
So, like, from things that are like boda and tram to things that are sick that just recently launched, within minutes, we are able to provide leverage. And not only that, the leverage you get will not be. Get will not be forced liquidated. So the way it works is we borrow LP positions from Amms and use it as collateral. So the LP essentially converts their impermanent loss risk for seven day period to higher fees, and the trader never gets liquidated.
Community Protection Mechanisms
And then the last thing I'll say is, for theme of kind of fighting against rugs, if the price of the token goes down, you as a trader get your collateral back. All right, so that's blackwing. We provide liquidation free leverage for all assets, including ones that just recently launched. And we also provide rug protection in case the price goes up. All right, thank you for sharing.
Reintroducing the Main Question
So we have new speakers joining and I shall repeat the first question again. The meme coins have brought a unique culture and fertility to the Solana ecosystem, driving largely by passionate communities. To kick things off, could each of you briefly introduce your projects and explain how it contributes to the vibrant meme culture on Solana? I can start maybe? Sure.
Engaging with Solana and Building Culture
Yeah. So I think, you know, I mean, you're talking about Solana, which is great. I think there are also amazing chains out there, but we're not going to talk about it. I really think that bringing culture into these chains is really about producing amazing content in which the community can resonate with and also appealing content to attract the masses into the chain and making it seamless for them. They need to resonate and build emotional connection with what you're doing so that they join the space without even knowing that they're getting into culture. Then after that, you can onboard them with very easy tutorials and really show them that this is crypto and how they can do it. But really putting a lot of effort into your storytelling, into your design, and really working hand in hand with the community to create something that they want to see. So that's what we're doing with mad. We're really trying to produce the best content in the industry, and we're really trying to build an IP, a real brand. You know, a lot of people say that it could be the next Pokemon, like something like this, something where really people build a cult around it and resonate with what we're doing. So, yeah, that's how you make Solana shine.
Introduction of James Silverman and Aura
All right, that's a great introduction. And we have the James Silverman from aura. Hi. James is the representative from Albright right here. Hi, Mehta. It's AJM here. I think James had to head out so I can step in and on behalf of aura, but, yeah, why I think with aura is that it's essentially a culture coin. So I think, you know, everyone's trying to get into meme coins at the moment. You know, people are trying to create narratives, and a lot of the time, you know, it's kind of forced, whereas with aura, it's something which already exists in terms of the meme, in terms of it being a culture. You know, it's a viral TikTok meme. At the end of the day, if you go on Google and search aura, you're going to see a lot of results. If you go on TikTok or YouTube and search aura, you're going to see a lot of results. And this token is what's a little bit different. As well, compared to the other tokens, which are on stage, is that it's a CTO. And if you look at the most successful meme coins on Solana, this bull run, if we're going to call it a bull run, you have dogwood hat, which was a CTO.
Successful Meme Coins and CTOs
You have popcat, which was a CTO. And most of the bowdoin as well, which hit over 700 million, was a CTO. So really, what I've noticed within the. I'd say probably from January, is that the most successful coins have actually been ctos, because that's where a launch really is safe, because the supply hasn't been bundled, the dev isn't going to dump it on your head. The distribution is even and organic. So that's really where the potential is in my eyes. And that's why I think is one of the most bullish things about aura is that there's a CTO team working on it and they've organically onboarded a lot of big names in crypto, like Frank D gods, for example, Faye's banks pal, Grani. I think Ansem got a bag a couple of weeks ago as well. So, yeah, it's looking very bullish for aura. But was there a specific question you had meta?
Popularity of Solana in the Meme Coin Market
We will move to the next question and you can explain more. Solana has been gaining immersive popularity and performing exceptionally well in the bull market circle. We have seen many meme coins deliver impressive performances. Sorry, Mehta, I haven't introduced myself. Oh, yes, please go ahead. I'm sorry for that. Yeah, no problem. Please go. Yeah. Super happy to co host this space with Bean Mart and Maddox. Monkey Biz is a Mincon launchpad with a novel staking mechanism that protects users from losing money from rug pools. Here's the alpha. We're launching on the next Monday, with Sig being the first meme coin on our platform. The first question I always receive from people is, what's the difference between you and pump dot phone? To put it simply, on pump dot phone, you get rich or you get rugged. And most likely the latter on monkey dot bit.
Innovative Staking Mechanism
You either get rich or you get your money back. So instead of using a bonding curve to bootstrap the liquidity, we use a staking mechanism to bootstrap the liquidity. Early participants can stake their soul to help launch on radiant. If the radiant launch goes well, all early participants get rewarded, and if it does not do well, people can still get their original investing amount back. We also have many novel features like anti snipe, mode, the more snipers trying to snipe, the more money they are going to lose, and the profit will be redistributed among the creators, stakers and platform. That's about monkey biz. Yeah. So how does the actual rug protection work? Good question. So we protect rugs. The key is to prevent insiders, snipers from getting an excessive supply using bundling or sniping.
Understanding Anti Sniping Measures
So instead of using a bonding curve, which is very easy to use, bundling and site wallets to snipe, like 80% of the supply, we use this staking mechanism where people can deposit their soul to bootstrap the liquidity. And once it reaches the unlock criteria, those early participants are going to get a relatively low percentage of the meme coins. Therefore, even though if someone, like, tried to use bundling to get all their supply at the unlock time, the price impact of their dumping is still protected. In addition, we have this anti snipe mode when you launch on radian. If we found out within the 90 seconds there's more than 10% of the token supply already sold from the pool, we will add more tokens into the pool to dilute these snipers and redistribute the profits within the early participants, creators and the platform. Thank you. That's very comprehensive.
Growth and Popularity of Solana
Let's move to the second question. Solana has been gaining immersive popularity and performing exceptionally well in the bull market circle. We have seen many meme coins deliver impressive performances within the Solana ecosystem. The question is, what do you think makes Solana popularity attractive for this speculative assets? Oh, if you don't mind, I would like to jump in on that question. Sure, go ahead. Here. Speaking as a representative of Bombo, you know, we believe that Solana and meme coins in general, or fact being, you know, crypto in general, aside from the biggest players on the market, it's all speculative, and it's all really dependent just purely on the trust of the investors. Let's be honest, there's not really any tangible movement behind those coins. So it's all about speculation. And Solana really facilitates that with the ease of entry.
Speculative Trust and Risk
How easy it is to set up a Solana project now that you have tools like pumpfun, when you can create a token within literally minutes for very, very little cost, it allows pretty much everybody to hop into the space and just start producing their own content and their own coins, which is a double edged sword, essentially, while at one side it creates a lot of buy pressure and brings a lot of people into this space with the amount of projects that are being generated every day, every hour, essentially. It brings a lot of eyes and a lot of potential buyers. At the same time, it unfortunately has the nature of creating environment where people that tend to, let's say, not really value their investors or play transparently and create scummy projects, they can also thrive. So it's very easy to enter, but I would say it's hard to master.
Community Insights and Trends
You need to be very careful to make decisions on the Solana blockchain and to know where you should be investing. And I think that, you know, places such as this AmA and this space is probably one of the best ways to look into quality projects, into great development teams, into solid foundations where you can actually make educated decisions, not just guesses on, you know, what is going to be the next 100 x coin. So it's very easy to hop in, but it brings with it also a lot of potential risk. Yeah, I agree with bombo. Just wanted to add something. I mean, you're right, there are a lot of risks and the barrier to entry is pretty low, which is, like you said, a double edged sword. But what I really like about Solana compared to the eat ecosystem is really the inclusive part.
Inclusivity in the Solana Ecosystem
Solana is not only for the rich who are willing to trade crypto. For example, if you want to become a mad degen with less than $1, you're a mad degen. So you don't need gas fees, you don't need to think before buying or before selling or whatsoever. This is very inclusive. But also the vibe around Solana is pretty massive. Like, it started with the NFT bull run, where there's been all these communities building real culture and, like, really, like, bringing culture basically into crypto. And these people kind of migrated to the crypto space and the culture was kind of conserved there. And these people are usually really good at marketing Solana itself. I mean, the chain is really good attracting users. Bonk also did a really good job.
The Overall Vibe and Future of Solana
I mean, the ogs in Solana, where they had very smart marketing strategies to bring on web two people and also other web three people. But anyway, the vibe is really cool in Solana, and I think Solana is here to stay. And, yeah, Matt is happy to be on Solana. Great. Thank you. So what about, what do you think, mooking biz? What do you think makes Lona particularly attractive for this speculative asset? Would you like to share something or. For sure. I think it's a combination of items. So, echoing what Matt and other speakers have said, Solana has a very inclusive culture where founders and projects are supportive of each other.
Supportive Ecosystem and Fast Execution
For example, we are pretty new to the Solana ecosystem because my background was at different layer, one as a founding engineer. We're only building on Solana for a few months right now. At the very beginning, we get support from many projects like Phantom Wallet, Sonic, D gods, Magic, Eden, Aura, Blackwim, who are already on this space with us. And aside from that, the unique advantage of Solana is fast speed execution with great UX product and infra like Phantom Wallet and radium also helps people to really quickly adopt. Trading speculative assets on Solana. Yep, that's my answer. Sikh.
Flexibility and Community Connectivity
Would you like to. Yeah, let's. Yeah, go for it. Go for it. Oh, yeah. Well, you know, I would just echo what kind of everyone else is saying. We've had Solana culture evolving and growing since, I'd say, early 2020, and we have these kind of deep rooted communities like Solana, monkey bears, kleinosaurs, d gods, Helios Labs, Jupiter, you name it. I feel like it's just being here at the right time and at the right place. Right. And these communities have been growing here for a while, and they're just really welcoming to, like, any positive addition that comes into Solana. So it's a whole combination of, like, you know, the cost efficiency and speed and scalability of, like, what salon is when devs are working on it, the easiness of onboarding.
Onboarding Tools and Culture
You know, you download phantom wallet on your phone and you're ready to go. Yeah, I think Solana is just super flexible. Ora, would you like to share? Yeah, I think what the other guys said is true. There's not really a barrier to entry. You know, with Ethereum, there's relatively high fees, which can put people off, whereas with Solana, you can start with $100, you can even start with $50 and then really build from there. So I think the low fees and I think that, you know, the fact that some meme coins have been really successful so far this year, it makes others want to launch on Solana, and it makes traders think, okay, well, the next 100 x or the next 1000 x, it has to be on Solana.
Domino Effect in the Meme Coin Market
So I feel like it's just sort of the domino effect and also the low barrier to entry for traders. And also platforms like Pumpfun, where anyone can launch a meme coin for a very low cost as well. I think that added to it as well. All right, black Quinn, what about you? What do you think that makes Solana particularly attractive? You know, the way I think about the Solana is the chain for the users, right? Like the. The real retail users that are people just like you and I, they come to Solana and it's particularly been fun to work with Solana for that reason.
Consumer-Facing Products and Partnerships
It's like the actual users will reach out on telegram, we'll chat, and they'll have a history with Solana and they'll have a history of using the various products. I think at times when you go to other chains that have high TVL and you realize that it's because of some very large institution that just moved the money around and that institutional liquidity is not accessible to protocols that are starting up, it's a bit disappointing. So as a consumer facing product, it's really good place to be. And also, what everyone else said, the partnership and the warm welcome. Collaboration is one of the core strengths of Solana ecosystem that has kept it going for so long.
Community Building and Culture
Absolutely. Let's move on. The next question is more about community. Community building and culture are the heart of successful Min Kuan projects. How has your project cultivated a unique culture and identified within the Solana ecosystem? And what strategies have you found most effective in fostering an engaged, loyal community that not only contributes to the growth, but also sustains a long term success? Maybe I can jump on this one. Sure. Yeah. So I think that building a great community is all about transparency. It's about trust, but it's also about making great content with which the community can engage and resonate with and create emotions.
Trust and Transparency in Community Building
And the thing with the community is that you really need to build systems with them. That's why at mad, the Mad project is really run like a company. It's not really run like a small meme coin project. There are real systems in place where you can interact with the community, collect their opinion, understand what they want, and with these systems, execute really fast on what the community want to see. Then when you show progress and you show to the communities that you listen to them, then you really build a bond with them, you build trust and you really build raving fans. So this is community needs to be taken really seriously.
Engagement Through Understanding Community Power
And also leveraging. Understanding the power of your community is really important. Your community, each individual in your community has a network skills, and they have so much to bring into the project. So if you don't have these systems in place to translate, like, all these resources into something powerful for your project, then it's going to be hard to grow the project exponentially. So, yeah, I really think that you need to work hand in hand with the community to really expand the project. And I just wanted touch base on the ctos. I'm not against the ctos, but I just think that if a CTO wants to work, it needs a really strong team that takes over the project.
Teamwork and Leadership in Projects
I don't believe that a CTO can just be successful without the leading team, be great and have systems in place. So projects like Weave and like, all these projects have really strong teams from the community that took over the project. And, yeah, I mean, that's, you know, it's all about a team leading the project and being able to work hand in hand with a solid community, with systems. Yeah, that's what Matt is doing.
Engagement and Community Interaction
Hey, sorry to interrupt. Our speaker, Caleb, is here and he has requested the mic. Sure. Welcome. Sled the Kol. Let me give the permission. All right, done. So this question is about, like, how you got your community engaged. Other protests. Want to share something? I can go. Hello? Yep. Sure. Yeah. Cool. Well, you know, it's kind of in the name. We really want to foster a culture around this shared experience of sick of getting rugged, right? Where we're sick of losing money, mystical punting into banana cat coin and losing it in a split second.
Creating a Culture of Honesty and Humor
We really want the branding to be self-aware and speak directly to all the frustrations of trench warriors. I find that humor and honesty can go a real long way in fostering loyalty. And we want our community to feel like they're part of a movement that's not just about gambling for your bags, but about making a statement. Our recent strategy was using this NFT rug score check to highlight and reward traders for either making a lot of money or losing a lot of money on these other token launch platforms. Yeah.
Closing Thoughts
Thanks for sharing. So we have collab. Would you like to say hi to our audience? And we have question. It's our second question. Like, we've seen many meme coins deliver impressive performance. And how has the project cultivated a unique culture and identified within the Solana ecosystem? And what strategies have you found the most effective in fostering this engaged, loyal community? Maybe we move to Blackwind. Hey, so I kind of lost track of the conversation. What was the question? Sure, no problem. Let me repeat again. It's about community building.
Community Partnerships
We've done so with partnerships with backpack, wallet, win, popcat, bong. And it's created this, like, mixture of folks coming from different backgrounds and learning about blackwing. It's been difficult, I think, to address all their concerns because at the end of the day, we're a very small team. And I think at this point of like, over 100,000 users, some of the issues that comes is not really related to us. Let's say when Solana has transaction congestion, a lot of our community members get angry, but it's just like, we can't do much about it. We just have to explain them. Maybe I'll take the harder side of things. You know, like what has been difficult? Launching and iterating really fast and thinking about what should happen a month from now sometimes lets the community get a little angry. It's like, hey, like, why are these things are broken? But in reality, what we're trying to do is like, build a better experience that's going to come in a few months. And whatever we have right now needs to be kind of like low prioritized, lower.
Engaging with the Community
Which mean, I guess my top line is at the end of the day. I tweeted this yesterday. It's like community is the layer zero of every single project, and we need to cherish them, we need to build them, we need to help them, and we need to address the concerns. The best way to do that is to engage, to listen, to understand and do this consistently over a long period of time. And as we've done this for the past, like nine months, I think we've gotten these folks that are like key pillars in our community, folks that have been there from day zero, they've been helping us out. And as we are listening to them, as we address the concerns they have and explain what's going on internally as a team, as a small team, we're not going to be able to solve every single issue, but we are solving the highest priority issues, and that's what a good team should do. So as we foster that, it's just become a lot easier for us because we have these champions, we have these pillars.
Advice for New Projects
I think for new projects, I would just recommend having consistency, listening to the community, addressing their concerns, and educating them with patience. A lot of community members that come with us with anger because of misunderstanding or, you know, some odd thing happened, they don't understand what's happening. It's just take the time to explain it to them, help them understand the trade offs, help them understand the direction and things will generally work out. It's like in companies, you say, happy founder, happy company, in protocols and projects, happy community, happy project. So.
Community Building Strategy for Bombo
So what about bomb. So what's your community building strategy for Bumble? And how has your project cultivated a unique culture and identity within the solar ecosystem? A very good question. Thank you. So our approach to building the community has again been a little different than most of the other popular meme coins, not just on today's panel here on the AMA, but in general on Solana as well. We have stepped into this space with a simple quest in mind, and that is to build a loyal, responsible community using real life marketing and real life events. So, like I said at the beginning, when I was doing the introduction of Bombo, we are a project behind which a fully doxxed team is standing. You know, everybody knows our faces, our names, where we come from, what we do for a living.
Building Personal Connections
So that was one of the building cornerstones that we wanted to use in order to build a connection with the community on a personal level. It wasn't just about the meme. It wasn't just about, you know, regarding us as the developers, but really building a personal connection. I think that once you know that this project is run by somebody called Ronnie or somebody called Joseph from Finland, you have a much clearer and concise idea that, yeah, I can invest myself in this, not just monetarily, but also on a personal level. So when we started this project, this was, like I said, one of our cornerstones, one of our main pillars of the project. But going forward, we wanted to expand on that.
Physical Engagement and Community Growth
So just last month, we have finished a european tour. Essentially, we took out a van. We customized it completely as a vehicle. You know, we painted it in bombo colors. We got the names of our Kol partners spray painted onto the van, and we took it around Europe. In total, we visited about ten, I think ten or eleven countries. And every stop we made was with a simple idea in mind, and that is to meet the community members in person, be able to, you know, shake hands, get a beer together, exchange laughs, and create actual physical memories and events. So this has definitely helped us tremendously in building the community that we have today at Bombo, which is a very solid holder base.
Sense of Community and Belonging
It is a very cohesive group of people. And even though our telegram now has over 5000 members, I think we still do have a strong sense of belonging and community. It's not just a spammy chat where you can't get an idea across anymore, but really, I think that we have managed to build legitimate friendships. And I'm not saying that as some sort of marketing buzzword, but I really do mean it because this is something that I believe truly makes us unique. And we are doing everything that we can to repay the community for its loyalty and for its service and building onto that, you know, we are still marketing heavily in real life.
Continued Marketing Efforts
So we are still doing, you know, we are still renting out billboards, we are producing merchandise, we are doing real life campaigns, stickers, everything. We are just making sure that you can actually not just join Bumble on your phone, but be a part of Bombo as yourself, as a person in real life. Okay, thank you. What about aura? Like, would you like to share something like how your community and culture build? Yeah, sure. So I think the interesting thing with aura when it comes to community is that the people that are now leading the project were originally just holders who'd been rug pulled.
Community Takeover and Strength
So I feel like where the places where you see the strongest communities are with tokens, where there has been a community takeover, because everyone's on the same level, essentially, and its more of a democracy where everyone can put their ideas together and decide on which direction to go in. I think that's quite interesting with aura is that, yes, the team are very professional, they're very experienced, they're very well funded. But originally they were just holders. They were people who'd bought into the token and been rug pulled. And then people decided, okay, let's actually CTO this and try and, you know, find the best people within the community and work on, you know, pushing this token.
Market Cap and Community Development
And I'd probably disagree a little bit with what mad said regarding having a professional team because I remember, know, buying with 500k market cap. There wasn't a website. The CTO leader was just working from an iPad. So I think the community strength is usually fostered when the price action is maybe negative or going sideways. If something's just pumping like, you know, doing a ten x in a day or 100 x within a few weeks, usually the community doesn't really have time to build there. So you'll see tokens which are at 1 million or 2 million market cap which actually have a stronger community than a token that's been artificially pumped to like 20 million.
Market Trends and Community Assessment
So I don't think community is always, you know, the strength of a community always translates to positive price action on a short term timeframe. But over a longer term, when you look at the six months or one year or two years, I think that's when you really see the strength of a community when it comes to the price action. Thank you. So it's already half of our AMA, and now it's time to have our first giveaway let me repeat this again. How do you get the crypto gift in our giveaway? First you have to have the bitmark app open the app. On the homepage you can see an icon labeled more.
Steps to Claim Crypto Gift
This icon looks like a circle with three dots inside. Click on more. Go to the last tab. Rewards find the crypto gift located at the very bottom right of the page. Click the crypto gift and select claim. Enter the gift code. Then you will receive your crypto gift. Now I'm going to share the crystal gift for the giveaway of this ma. All their gift codes are numbers and upper case letters only. Don't mix up. Are you ready? The gift code is Zvo five three eight v three. I'll do it again. Zvo five three eight v three. Okay, one last time. Zv 0538 v three.
Final Giveaway Instructions
Good luck and we will have our second giveaway almost at the end of this ma, so stay tuned. Let's move to the next question. Rock polls and pump schemes are common risks in the main coin space. What are some red flags that users should be aware of when navigating solon and mint coin market? Caleb. Sorry, my mic wasn't working earlier. In all honesty, especially on Solana with these meme coins, I don't really think there's a way to look out for it. I think any token that launches, you know, in the time frame of a week to a month, there's a very high risk of, you know, regardless of the research you do, regardless of the red flags, green flags, there's a risk.
Risk Mitigation and Caution
So if you want to mitigate those risks, I think, you know, giving it a month or two is the best way to, you know, be safe when you're trading these coins. Thank you for sharing idea. Like for black win. What do you think? Like what are the reflects that users should be aware of, like when navigating solid mint coins market? For me, just knowing a bit more about the community and the founders and how the meme coin has been build and what is their vision, what is their long term direction has been a bit more helpful. I think it's like having some understanding of what that founding team looks like makes me a little bit more comfortable just then aping into whatever Trump ear coin is popping up within the hour of the event.
Indicators of a Good Coin
Honestly, the bubble charts have been helpful. I don't like having a folks like a few wallets or connected wallets. Owning the vast majority of the supply always looks a bit sketchy for me. Also, just seeing the vibes I think what's most entertaining outcome is usually the outcome. What has the best vibes is usually what catches on. So knowing what your friends are talking about, seeing if it's clicking, seeing if the vibes are right, seeing if people are excited about it. But at the end of the day, it's highly speculative and you should be very careful where you allocate your money, how much you allocate it, how you allocate it, because there's just essentially nothing that will predict what catches on.
Speculative Nature of Meme Coins
As a meme, it's this odd cultural phenomenon that we still haven't been able to figure out. So just be careful, have fun with it. And yeah, I think like, knowing who the founders are has been the best indicator for me. Thank you for advice. I would also like to take a step on this question. So this is the core mission of Monkey Biz and the common reflex of rock pool is that the insiders snipers own a hidden supply that's up to like 80% or more.
Red Flags and Insider Knowledge
They were able to achieve so with the bundling and sniping, using side wallets. And also there's many advanced scripts like the volume bots and comments bots, which would choose retail users to think that the coin is super popular, when in reality it's just the dev himself being the only holders. So Caleb brought up a really good strategy of waiting for one month until trading a meme coin. That's a valid strategy. However, it also means that you will be late to the party and you will miss the 100 x period.
Monkey Biz Approach to Risk
However, Monkey Biz solves this problem, you can still be early with less risk. Our anti snipe and anti insider and stake locking mechanism protects retail users and prevent insiders from grabbing excessive token supply. Thanks for sharing. Just wanted to add something. I mean, waiting one month is a very safe strategy, but like monkey said, indeed, you can miss out on some important gains. Like, you also have to look at what's the effort that's being put into the project. I mean, how's the content?
Assessing Project Viability
Like, does it look expensive? Like how's the website, like how much resources and how much effort is put into the project? Because, you know, if someone wants to rug you, they will minimize their costs. You know, like they, like, their goal is to take as much money as they can. I mean, they will really not put that much effort into like creating something with the long term vision. So, you know, just open your eyes and, you know, just have a good judgment and like, look at the project, look at the effort.
Final Thoughts on Project Effort
And, like, if there is a lot of effort that is put into the project, then chances that it's a rock pool are low. I mean, there are still chances, of course, but it's just lower than, you know, just like three images of, like, a random character, like something like this. So, yeah, the effort. Yeah. Before we move to next question, is there anyone want to add something? Yeah, I would just add, you know, Caleb made a good point to give it a bit of time, but like the other guys said, you know, sometimes you can miss out if you wait that long.
Investment Caution and Strategy
But really, I'd say, you know, if anyone's trading low caps or new launches, you know, really only invest what you can afford to lose because you are essentially gambling and you never really know because I get mad's point. But on the other hand, you know, if someone's invested a lot in the content, they are going to look to recoup those expenses at some point, which would probably be by making money from the tokenization. So you've got to look at it both ways.
Instincts and Market Trends
Sometimes you have very simple tokens which take off. Sometimes the high production content tokens take off. Really, for me personally, I just go with my gut instinct. Or if I've seen something which, okay, I've seen that outside of crypto, maybe this is going to take off within crypto. Like, for example, the Gigachad meme, that's doing very well. And I think one of the reasons for that is because it kind of transcends crypto Twitter.
Relatability and Investment Decisions
So I think with aura, it also has that aspect where it's not only something which is relevant for people within crypto or crypto Twitter, it's something that normies and retail investors, they can look at and they can say, okay, I've seen aura before, and it's something which they can relate to. So I think you've just got to go on your own instincts, because if you buy something because someone told you to and then you lose money, you're going to be annoyed.
Ownership and Accountability
But if you made the decision and you thought it was something which had a lot of potential and it was bullish, and then you buy in and then you lose money, then you've only got yourself to look at. So I'd say, really, it is a gamble. Obviously, we have tools like bubble maps now, where you can see if something's been sniped. You can see if the team are holding the majority of the supply. That's something to look out for because that can be a red flag.
Long-Term Viability and Research
But besides that, really, you are essentially gambling until the team has proven that they are legit and that they are working on something long term, which, like Caleb said, is usually you can only tell after one or two months. Thank you. Let's move on. Given the current surge and the main coins on Solana, how do you envision the landscape evolving over the next year and the future? Are there any emerging trends we should watch out for? Does someone want to jump on this?
Future Trends in the Meme Coin Market
Honestly, I think as the market matures, there's going to be more sophisticated tools for meme coins, right? The initial version is like, okay, everyone can create a coin and launch it immediately. But as the market matures, as the number of users grow, then all of a sudden companies like monkey Biz or Blackwing all of a sudden come and say, hey, we are providing specific advanced tools for traders. We provide liquidation free leverage. Monkey biz provides rug protection.
Exciting Developments in Trading Tools
I'm actually excited for more of these type of features to come out. One of my favorite ideas that I don't know if Blackwing will get a chance to do, but it's ability to buy like a basket of memes that are growing, right? So the Trump example is the one I gave earlier, but it's like, hey, there's like 30, 40 trump coins, right? I don't know which one is going to do well, give me a tool to buy all of them, right?
Index Funds for Meme Coins
So it's like you buy an index fund of a trendy meme topic. Bubble map is a good one, I think. I guess it's been out for a while. But like, what other tools can you provide as a company, as a protocol to better help me understand the market dynamics? What's growing? What's not growing? I think we'll have more of those. I haven't seen anyone, any product that does that really well. Obviously everyone goes to Dex screener, but I'm excited to see this new wave of advanced tools.
Evolution of Tools in the Meme Coin Space
We saw it in the NFT market, right? NFTs, like a couple years back, jam was like the advanced NFT trading tool. But I'm curious, what's going to be for meme coins? Yeah. Can I jump on this? Yeah, sure. Just go ahead. Yeah. So we're like, your question is really about the next trends that we foresee. Obviously there are a lot of trends. You have the very quick trends that last for a month or two that are around, I don't know, political events or there's so many trends.
Long-Term Trends in Meme Coins
But what I see being a big trend is really those meme coins that are willing to build a real IP, that are approaching things like becoming the next big brand and those coins that really want to survive even after the bull run. And to do this, you really need to have a solid team in place, solid community. You need to have the resources, you need to have the systems in place, and you really need to have a vision and something that people can relate to.
Building a Sustainable Future
You also need to master social media, and really you have to approach it like a company. How can you build the next Pokemon or Star wars? How can the project survive after a bull run? How can this project generate revenue? Is it through merch? Is it through building a TV show? How can you really generate company? How can you move from just being a little speculative meme coin to actually a brand with a community that will become customers and of course, holders of what you're doing?
Evaluating Project Longevity
So really think about, does this project have potential to survive after a bull run, or is it just a quick trend that could die in one month? So, yeah, I think that's the new meta. I have this, like, counter example and unfortunately hop, but just something to think about, like, you know, like if, like Facebook and social media that are these permanent photos, right? And then Snapchat came along, like, look, I'm just gonna give you like, a disappearing photo.
Emerging Patterns in the Market
It lasts, as soon as you person views it's gonna be gone. I wonder if it actually moves towards more ephemerality wherever. Instead of trying to create these, like, cultural phenomena memes, we just have more of these, like, somewhat high speculative, short lived memes, but maybe with like, a different variation on top, right? Like, you want fast speculative loops? Like, you want to be able to, like, move from one to the next one immediately, right?
Shifting Attention Spans
Like, people's attention spans are like, not like 2 seconds, and they're going even shorter and shorter, especially in crypto, we're just like, all have ADHD.
The Nature of Memes and Meme Coins
It's like, do we need bigger memes that, like, grow and we need, like, big teams to support them? Or do we just need, like, a frenzy of really, like, fun memes to immediately see and trade? Like, right, like, everything that's happening in the world almost immediately, within seconds, gets proxied in the meme ecosystem, and just like, news dies down within seconds. So will the meme coins die down within seconds? So then you have this, like, cluster of traders that are just like, look, I just want to buy and trade memes within like a day or an hour or eight hour period, or, like, it's a shorter time span, right? So instead of thinking, okay, like, we just need better ways to create like billion dollar meme coins. Like bonks, right? Like, I want to create 100 bonks versus like, I just want to make the best trading experience for memes that are created and die within like minutes. Just kind of an interesting perspective. I don't have good thoughts on where it's going, but I've seen this trend more towards high speculative short term trading than more towards the bonks and the big ones. Would other speaks share like yeah, well, I feel like meme tokens have a funny duality to what blackwing was saying.
The Lifespan of Meme Tokens
It's both like, either you have these super fast, they live and die over the ten days lifespan, meme tokens, or you have the strongest meme will survive like dog with hat or popcat. The kind of stands the test of time. So it could go either way. We don't really know. I think it's super dependent on just what the market wants. We can have projects that grow meaningfully with tools like monkey biz and blackwing, but we can also just have a fast array of 1000 different meme tokens that live and die every day. I think it's, it really just depends on how it, what the market wants. Right? We, what the users want from us. So far, it seems like both are doing well. Right. You got the box and like pumped up on there, literally pumping. I forgot the exact number. It was like, it's over a few million tokens have been created. Right. It's like every millisecond.
Human Nature and Trading
So I generally find people to be naturally more attracted to fast reward loops. So, like, if you're able to like, see the creation, buy, make money, exit, and then do that every like 3 seconds, it's just more of a fun experience. And like, so I could see that definitely sticking around. Like, that's not going. No, no, definitely. Yeah. I think it's kind of like being seared into Solana and why people use Solana as well. Because it's so easy to do these like, fast transactions. Yeah, I mean, it's interesting. Like, it's like we've also seen essentially every single chain at this point is trying to go after that market. Right. Which is hard. Right? Like it's memetic theory. You, like, you see someone doing well, you're like, I got to do this as well. Like, obviously my chain has to do it.
Communities in Meme Trading
So I agree with you guys on everything that you said. Just wanted to jump on something. Yes, you have those quick gains and those quick meme coins that are fun to trade, but you also have people out there that are looking for communities, they're looking for the next big event. They're looking for like minded people. And usually you find these people within those serious projects. For example, board eight yacht club was a really good example. You have this really strong community in this blue chip NFT project going to events together still. Even as of today, as we speak, they still doing events in every country. Some people are here to trade, but they're also here to make friends. If you go to a crypto conference, you'd like to have a community from a serious meme coin project that you've been hanging out with on like telegram for a while. And then you meet them in real life and you buy some merch together and like, I don't know, like, you just talk about the project and so, you know, there are some serious people also.
Accessibility and Inclusivity in the Meme Space
If anything, actually, the meme points have made them more accessible. Like, if you think about some of the blue chip NFTs, by the time they got over a few hundred grand to get in, it excluded a giant portion of the community they couldn't afford. With meme coins, like, everyone can buy bog right then. And you do still have that sense of community. Like, you. What are you buying? I love tramp. All right, cool. Like, you're part of this, like, tramp moment, which is pretty cool to see. Yeah, it's really cool. And like, how mad looks at it. I mean, you know, you have, for example, the Star wars community. Like, they're doing events together. They're super excited about the product. Like they are always talking about the movies. I think meme coins, serious meme coins, need to look at it the same way. How can we become this massive brand with raving fans, people who really create a cult around it, that are excited about the products, that are just sharing the same vibes, basically.
Future of Meme Coins and the Market
I agree. I think inclusivity and accessibility is definitely the way to go for making coins foster a large community. Thank you. And what other projects think, like, how do you envision the landscape evolving over the next year in the future? Bumble or monkey pills? Would you like to share? Or aura? Yeah, I'll hop in. Honestly, you know, all of the thoughts that we've had here in the past ten or 15 minutes from the idle panelists are, in my opinion, completely valid, because these are the logical next steps for the Solana space and the meme coin space in general as well. But at the same time, you know, it's still changing rapidly, and I believe strongly that it's very hard to predict where the trends will go. We've obviously seen the rise and fall of many metas in the past, let's say two or three months.
Trends and Predictions in Meme Coin Ecosystem
We've had the Trump meta that you guys have already mentioned. We've had the Tate meta now. We obviously still do have, unbelievably to myself and our community, the cat and the dog meta that has been running for what seems like ages so far. So really anything can happen. It's such a fast paced environment where from one week to the other we see growth not just on the meme coins, but even Solana itself. We can see a transformation in easily 2020 5% range within the week. So it's very hard to try to have an accurate prediction of what exactly is going to happen. Our only hope is that this environment will cling to the strong projects with responsible leaders, responsible development, and let's say transparent communities, rather than just flocking to whatever meta seems to give us the quickest turnaround on our investment.
Changing Environment and Growth in Solana
But after all, we are here. We are all here to make money. That is the endpoint of crypto investing and meme coins in general, especially so we do have to account for that. But like I said, the hope is that wherever the meta moves forward and however the space changes in the upcoming months, we can only really hope for the sake of everybody in this panel and everybody investing, that projects such as ourselves, such as Bombo, such as Matt, such as all the other panelists here, they will preserve and they will be leading the changes and the charge going forward. Okay, I also try in so for monkey Dubbis, we want to also lead the involvement. We want to build our more trusting culture between the devs and the users.
Creating Trust Between Developers and Users
Right now the culture between the dev and users is toxic. If you are deaf people just instantly assuming that you are going to rock and dump. And sadly these people are oftentimes right. So monkey dabbis is going to change this. And aside from we protecting the retail users on the smart contract level and preventing devs and insiders and snipers from grabbing excessive token supply and dump on people, we also are going to help the Minecrafts to succeed in an ethical way. So we want to work with good devs. And if you launch on us, even though you don't get the option to rock people, however, we are going to die for you and we are here to help you succeed without rocking. Look at the success launch of sick on our platform. Dm us on Twitter if you want to launch a meme coin. We are here to help you succeed. Okay, how about we move to next one?
The Future of Solana and its Community
It's also about, like, the future. With Solana emerging as a key player in this space filled with its unique features like fast transactions, minimal fees, and a thriving community. How do you see the culture and community around Solana based mint coins evolving? And do you believe this trend has the potential to shape the broader crypto ecosystem? And if so, in what ways? Can I jump on this? Yes, please go ahead. I just want to approach this question in a very general way. I think as long, I don't think that the chain matters that much. As long as the fundamentals are there, bifundamentals is just being inclusive. No gas fees, accessibility, making it easy for devs and for everyone to launch in that chain, having apps around it.
Competition and Growth in Blockchain Space
Solana is doing phantom wallet and all these super user friendly dexs. I really think a lot of chains will strive, and they're going to be in competition against each other. But at the end, this space is huge. As we progress in the bull run, there's going to be more and more users. All these projects, I mean, the serious projects are doing a good job bringing the masses into crypto. Mad mission is really to create appealing content and making it frictionless for people to join the space and increase the number of users and the visibility. But, yeah, I don't think that the chain matters as long as the fundamentals are there. So, yeah, I think the project has to see the real big picture, which is just making it easy for someone to ape in.
Community and Culture in the Crypto Ecosystem
What about Calab as a key upcoming leader? How do you see the culture and community around Solna based mint coins evolving? I mean, I've been on Seoul for probably three years now. When I first got into Seoul, it was, you know, probably 50 plus ranking on market cap. Now it's four or three, whatever it is. So, I mean, for me, I just see it growing. I think it's always gonna be degenerate. And the same community, I don't think it really needs to evolve. I think it's great. So I, and I also, I mean, it's. It's crypto, so it's really hard to know. Tomorrow there's gonna be, you know, a new shiny thing. So I guess the future will show.
The Role of Meme Coins in the Ecoystem
Us that fantastic and other speakers want to share. What about Bumble or monkey or zik? How do you see the future, the culture and community around Solana based mint coins evolving? And do you believe this trend has potential to shape the broader the crypto ecosystem? I'll hop in if you don't mind. We see, as bombo developers, we see a huge potential in the changing environment of Solana. Now, in the past two, three months, again, we have seen a lot of people take advantage of this space. And now I'm mostly talking about b list or c. Listen, celebrities who have decided to create their own Solana meme coin and then essentially rug it or run it into the ground because somebody in their close space probably recommended to them that this is a good way to make a quick buck.
The Need for Responsible Growth in Meme Coin Space
We're hoping that in the future, these people will finally be gone out of this space. That the hype about using Solana to quickly generate funds as an exploitative tool of exploitative nature will be gone and therefore the space will actually grow exponentially, but also responsibly. We always believe that responsible growth is one of the main cornerstones of projects, not just in Solana itself, or crypto or financial investment in general. We believe that responsible growth that is gradual is the way to go. So hopefully we see Solana solidify. We see the price kind of, you know, solidify as well, become more stable and really only respond to actual catalysts rather than being so volatile as it has been in the past.
Community Engagement and Future Projections
And hopefully the community will solidify as well, meaning that we will get more solid investors into the bigger projects and then we will also get more degens. Like Caleb just said, you know, it will always be degen. That's no way of changing that, and it shouldn't change. This environment should be here for people who are looking into quick, easy investments with huge upside potentials, but huge risks as well. So this is our outlook on Solana. Can I just add something about meme coins, bombo like, thanks for sharing all these positive vibes. I really agree with all what you're saying. I just wanted to add something about meme coins in general and why this narrative will be the biggest in this bull run.
Inclusivity and Accessibility in Meme Coins
I really think that what you said, bombo, about this space is for djns and making it easy for everyone is true. The beauty of the meme coins is really the fair advantage, making it fair for everyone to join and to make money. Of course, the downside of also losing money is there, but they're genuinely people who are broke and join this space and really end up making generational wealth. And this is something that is very rare in other spaces, industries. And also meme coins are beautiful because anyone can understand the meme coin. You don't need to be like a dev, you don't need to be a tech person. You know, it's culture. It's really about.
Understanding Meme Culture
Do you resonate with this meme? You don't resonate with it. Do you find it funny? So like any average person can understand a meme, make it super fair, and then, you know, invest super easily. And this is why meme coins are extremely bullish for the next months. And I think in general. All right, any speaker one add something or I just wrap up this ma. Okay, let's move to the second giveaways portion of this ma. So let me repeat this instruction again. How to get your crypto gift for ma you have to have the Bitmark app.
Crypto Gift Instructions
And on the homepage of the app you can see the icon labeled more and icon looks like circle with three dots inside. Click on more, go to last tab rewards and find crypto gift located at the very bottom right of page and click the criter gift and select claim. Enter the gift code then you'll receive the gift. And now I'm going to share the gift code for giveaway. And all the gift codes are numbers and upper letters only. Don't mix up. The gift code is x y r zero f eight seven three. Let me repeat again. XYR zero F 8731 last time xYr zero F 873.
Closing Remarks
Congratulations. And that's a wrap on our solar Ming Kuan Alpha's Maverood. If you have got more questions or want to keep the conversation going or want to know more about events, join our Telegram events club. You can find the link in every post thread about this ma. You are always here to chat and share more insights, so make sure follow us on our social media channels, Twitter, telegram, Instagram, Facebook, etcetera. And be sure to follow our guest speakers and projects on social media to stay informed about latest trends, developments, and a big thank you to our amazing speakers and of course to all of you who joined us today.
Acknowledgements and Future Engagement
Your participation and enthusiasm makes this event a great success. Before we wrap up, a quick reminder about our exciting giveaways. Thanks to our generous sponsor again Monkey Biz, we still have another 1000 USDC worth of celona for 200 participants. If you haven't already, make sure to participate by completing the giveaway link in this post. About this AMA on both Medaira or Bitmark Twitter accounts and the giveaway ends at this Sunday night. Let's keep the energy up and stay tuned for more exciting discussions. And remember, Ming Huns aren't just fun, they are a dynamic part of the crypto world that are constantly evolving and we are all here to explore more together.
Final Thoughts
I'm Chen Kai. Wish you a fantastic day ahead. Can't wait to see at our next AMA. Thanks for having me and again being here and have an awesome day or great night. Thank you. Thanks for having us. Thank you, everybody. Take care. Have a great evening. Thanks for listening. Thanks for having us. For real.